GENEVA (Reuters) - Geneva's
public prosecutor will send $380 million confiscated from the family of
Nigeria's former military ruler Sani Abacha to Nigeria and closed a
16-year investigation into his funds, the prosecutor's office said.
Abacha stole as much as $5 billion of public money during
his five years running Africa's top oil producing country from 1993
until his death in 1998, according to the corruption watchdog
Transparency International.
The return of the $380 million follows an agreement between
Nigeria and the Abacha family in July last year, the prosecutor's
statement said. The agreement provides for Nigeria to receive the frozen
funds in return for dropping a complaint against Abba Abacha, Sani's
son.
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